💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

200 U.S. lawmakers agree not to intervene in any UPS strike

Published 07/19/2023, 01:29 PM
Updated 07/19/2023, 01:31 PM
© Reuters. Teamsters employed by UPS hold a rally outside a UPS facility as an August 1st strike deadline against the company nears in Los Angeles, California, U.S. July 19, 2023. REUTERS/Mike Blake

WASHINGTON (Reuters) - A group of 200 U.S. lawmakers on Wednesday said they have agreed not to intervene in the case workers at UPS go on strike.

© Reuters. Teamsters employed by UPS hold a rally outside a UPS facility as an August 1st strike deadline against the company nears in Los Angeles, California, U.S. July 19, 2023. REUTERS/Mike Blake

The world's biggest package delivery firm and the International Brotherhood of Teamsters have until midnight on July 31 to reach a contract deal covering some 340,000 workers that sort, load and deliver packages in the United States.

"We are hopeful that both sides can negotiate in good faith and reach a consensus agreement," the lawmakers said, adding if no deal is reached they have committed to respect the rights of workers "to withhold their labor and initiate and participate in a strike."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.